All Forum Posts by: Cory Chaney

I am looking at potentially putting a historic home built in 1900 under contract for assignment. It definitely needs alot of work. The roof and HVAC is good but I believe everything else would need to be updated including some foundation work(on crawl space). It's in an older city called Statesville in North Carolina founded in 1789. I know I could probably get it locked up at 120k to 140k and the ARV is sitting around 500k plus. I think it could be a great deal for the right investor but I am not sure how to accurately calculate the Reno cost with a historic home such as this. It is 3200 sqft. Does anyone that has experience renovating historic homes located in historic districts that can give me a rough idea on the additional costs associated with them? and any other insights would be greatly appreciated as well

Hello my name is Cory Chaney and I'm a new investor in the Charlotte and surrounding area here in NC. I'm working on building a rehab cost estimator spreadsheet and was wondering if any one on bigger pockets already has the average costs plus labor for common materials (laminate, granite, sheetrock etc.) for today's prices in the Charlotte market. I want to include in my spreadsheet 3 columns for low end, mid grade and high end upgrades as well. Any thing helps